Company Overview
Onics Ltd is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 23 October 2001, so this is a well established company. Onics Ltd has been in business for 24 years and 5 months. The accounts status is total exemption full and the accounts are next due on Tuesday 31 December 2024.
Registered Address

4Th Floor 4Th Floor, 14 Museum Place, Cardiff, CF10 3BH
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Companies House Data
Company NameONICS LTD
Company Number04309632
Registered Office Address4th Floor 4th Floor
 14 Museum Place
 CF10 3BH
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date23/10/2001
Accounting Reference Date Day31
Accounting Reference Date Month3
Accounts Next Due Date31/12/2024
Accounts Last Made Up Date31/03/2023
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date20/11/2016
Returns Last Made Up Date23/10/2015
Previous Company NameChanged Date
MEDINFOMATICS DRS LIMITED24 Mar 2009
Directors & Members
Show Resigned
Nathan Hill - Director
(British, 46 years old, born June 1980)
Appointed 14 November 2017
Active
Secretaries
Show Resigned
Other Company Directorships
Nathan Hill
MEDINFOMATICS LTD
Balance Sheet Unlock full report
Accounts Date 31-Mar-2023 31-Oct-2021 31-Oct-2020
Balance Sheet
Fixed Assets 0 0 54
Current Assets 1,666 1,666 569
Creditors Due Within One Year 5,267 5,267 15,796
Working Cap -3,601 -3,601 -15,227
Total Assets Less Current Liabilities -3,601 -3,601 -15,173
Long-term Liabilities 4,433 4,433 13,919
Net Assets 2,500 2,500 2,500
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2,500 2,500 2,500
Common Size Financial Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Oct-2021 31-Oct-2020
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 8.7%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand 100.0% 100.0% 91.3%
Current Assets 100.0% 100.0% 91.3%
Creditors Due Within One Year 316.1% 316.1% 2535.5%
Net Current Assets Liabilities -216.1% -216.1% -2444.1%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 150.1% 150.1% 401.3%
Capital Employed - - -
Total Assets Less Current Liabilities -216.1% -216.1% -2435.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Oct-2021 31-Oct-2020
Liquidity Ratio 0.3 0.3 0.0
Solvency Ratio 2.0 2.0 0.3
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Mar-2023 31-Oct-2021 31-Oct-2020
Assets 1,666 1,666 623
Debt 834 834 1,877
Net Assets/Debt 2,500 2,500 2,500

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations. The latest accounts are not up-to-date. Later accounts are now overdue. Late filing is not a positive factor. Analysis based on the latest figures available must be taken in the context that the figures are not up-to-date.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 23 October 2025 with no updates
Confirmation statement made on 23 October 2024 with updates
Registered office address changed from Cardiff Medicentre Heath Park Cardiff CF14 4UJ Wales to 4th Floor 4th Floor 14 Museum Place Cardiff CF10 3BH on 27 March 2024
Notification of Nathan Stuart Hill as a person with significant control on 27 March 2024
Cessation of Estate of James Victor Watson as a person with significant control on 23 March 2024
Confirmation statement made on 23 October 2023 with no updates
Previous accounting period extended from 31 October 2022 to 31 March 2023
Satisfaction of charge 1 in full
Registered office address changed from 36 London Road Tonbridge TN10 3DD England to Cardiff Medicentre Heath Park Cardiff CF14 4UJ on 9 November 2022
Confirmation statement made on 23 October 2022 with updates
Termination of appointment of Robert Michael Watson as a director on 19 August 2022
Registered office address changed from Bentinck House Bentinck Road West Drayton Middlesex UB7 7RQ to 36 London Road Tonbridge TN10 3DD on 24 June 2022
Termination of appointment of Robert Michael Watson as a secretary on 25 May 2022
Notification of Estate of James Victor Watson as a person with significant control on 3 March 2022
Termination of appointment of James Victor Watson as a director on 3 March 2022
Cessation of James Victor Watson as a person with significant control on 3 March 2022
Confirmation statement made on 23 October 2021 with no updates
Confirmation statement made on 23 October 2020 with no updates
Confirmation statement made on 23 October 2019 with no updates
Compulsory strike-off action has been discontinued

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